News

The local bourse has fallen 1.2 per cent, with every sector in the red except utilities after the Reserve Bank hiked interest rates once again.

The Reserve Bank of Australia has lifted the nation’s official cash rate to 4.1 per cent – a 25 basis point jump which takes it above four per cent for the first time since April 2012.

Consumer confidence has not budged from its weak position, although mortgage holders have regained some optimism ahead of the next cash rate decision.

PwC can regain the public’s trust: ASIC

The local share market finished the day 0.5 per cent higher, although it closed the week down 0.1 per cent.

Work has been called off at the PACT site, following the death of a man in his 60s.

CEOs seek urgent fix for housing

The local share market has moved into positive territory, closing up 0.3 per cent on progress in Washington towards a deal to avoid a US default.

ASIC found that companies linked to Craig Turnbull owe $5.29 million to creditors and the Office of State Revenue.

Lowe warns Labor on wages

John Gelavis has made the call to step down from the industry group after five years at the helm.

The local share market has suffered its worst day of losses in 12 weeks, falling 1.6 per cent to close at its lowest level in two months.

Reserve Bank governor Philip Lowe has used a public appearance to explain that low productivity growth, not wages, is threatening the outlook for inflation.

PwC behind 15 schemes to help companies sidestep tax: ATO

Shares on the ASX have finished down 0.1 per cent, with small gains for the major miners and mostly modest losses for the big banks.

McGowan quits Labor’s fortress

The local share market has had its best day since April 11, climbing 0.9 per cent on a possible resolution to the US debt ceiling drama.

Rental demand is fast outrunning supply and low-income households are bearing the brunt of the rental affordability crisis, analysis shows.

1.3 million missing homes blamed on councils and NIMBYs

The Australian share market has finished up 0.2 per cent for the day, but closed the week down 1.7 per cent after losses from Monday to Thursday.

PwC shut out of future contracts

The local share market has suffered its biggest loss since March 20 as the US debt ceiling talks drag on with no end in sight.

How to process critical minerals the big debate

The local bourse has dropped 0.6 per cent to hit a five-day low as debt ceiling talks continue in the US, with no sign of an imminent resolution.

Gas power key to Forrest’s green dream

The local bourse has had another quiet day, with a drop in the materials sector and a rise in financials.

US stocks closed aimlessly with investors still awaiting a debt ceiling decision.

BHP ‘right to fear’ $1.3b wages hit

The local share market has finished down 0.2 per cent amid jitters that the United States might default on its debts as soon as June 1.

Bigger slice of US billions on table

The local share market has finished the day up 0.6 per cent, to end the week up 0.3 per cent amid optimism over US debt ceiling talks and the global economy.

Beijing courts Albanese